Replies to post #54631 on 22nd Century Group Inc (XXII)

[MWM]

Financial Overview – Fourth Quarter and Full Year 2022 Results

? Net revenues for the fourth quarter of 2022 were $19,206, an increase of 141.3% from $7,960 in 2021.
o Revenue from tobacco-related products was $9,951, an increase of 25.7% from 2021, primarily driven by volume increases in contract manufacturing and initial VLN® sales as part of the early rollout in Illinois and Colorado.
?
Fourth quarter 2022 cartons sold of 1,354 compared to 1,144 in the
comparable prior year period.